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...The US economy grew much less than expected in the first quarter of 2024, at an annualised rate of 1.6 per cent....
...Some industry groups are less enthusiastic about a potential move to T+1 in Europe....
...That transaction is worth a maximum of HK$13.91bn (€1.7bn), the company said on Monday, and values the group’s total equity at almost €6bn....
...The unemployment rate is just 6.1 per cent, up from 5 per cent in March 2022, shortly after Russia launched its full-scale invasion of Ukraine, but still “one of the lowest rates since reunification” in...
...It warned that “the full amount of all claims, including cumulative interest, is approximately €1.3bn”....
...But it does not affect a critical count underpinning the case, which alleges a violation of Georgia’s racketeering statute....
...The increase in the PPI on an annual basis accelerated to 2.1 per cent in March from 1.6 per cent in February. This was the highest level since September, but below expectations for a 2.2 per cent rise....
...That beat economist expectations for 1.5mn units and the upwardly revised 1.4mn in January....
...On the face of it, Kering’s deal does not look too bad. The group is getting 11,800 square metres, of which more than 5,000 is retail space....
...The billionaire owner of L’Occitane has made an offer to take the skincare company private in a deal that gives it an enterprise value of about €6.5bn....
...On Wall Street the S&P 500 gained 1.2 per cent on Tuesday and the tech-heavy Nasdaq Composite climbed 1.6 per cent....
...Equity market activity rose just 1.6 per cent. Profits hit £1.9bn, a 7.6 per cent rise on the same period last year....
...The company had previously hired its UK delivery couriers, which it still does in continental Europe....
...Ivan Krastev’s thought-provoking article (“Revenge will fuel second Trump administration”, Opinion, April 6) does not say that a Trump victory is a certainty....
...Citigroup lifted chief executive Jane Fraser’s pay by 6 per cent in 2023 to $26mn for her work, despite the bank’s profits falling almost 40 per cent amid a reorganisation....
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...At Citi, the metric eked out a 1 per cent year-on-year gain but fell quarter on quarter....
...Russia’s economy grew 3.6 per cent in 2023, according to the first official estimate published by the Russian statistics office Rosstat on Wednesday....
...The question [if he deploys FSD], is how much longer does he have a technology advantage on that?”...
...If another dress ‘costs’ 1,200, and is worn 100 times, the cost/impact is also 12 per wear....
...Among the 10 Asean countries, the possible alignment to China was most evident among respondents from Malaysia, at 75.1 per cent, followed by Indonesia and Laos at 73.2 per cent and 70.6 per cent....
...Retail free cash flow, which was down slightly at £2.06bn this time around, is expected to come within the target range of £1.4bn-£1.8bn....
...The average house price fell 1 per cent month on month in March, down to £288,430 from February, when UK house prices hit a 16-month high of £291,338....
...France’s Cac 40 rose 0.8 per cent and Germany’s Dax climbed 1.6 per cent. London’s FTSE 100 lagged behind its European peers....
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